Older adults not being hired for new jobs, being eased out of old ones because they are perceived as too rigid or feeble-minded, and being eased out because they are not considered cost effective are examples of Ageism.
Step-by-step explanation:
Treating a person less favorable in the workplace due to his/her age is what is regarded as age discrimination or ageism, which is prevalent in many sectors of the society. It is a stereotype mentally among the hires who think that people who are old cannot be useful for the job, and they think of them as more rigid or feeble minded.
It is a result of the actions that are taken to prevent a person to get as much opportunities as a young person gets. It occurs on both personal and institutional levels. In institutional level, a younger person with same skills may get the job that he/she desires, but the older ones are ruled out.